Sun Zhenyu, head of the China Society for World Trade Organization Studies, is a key figure in helping China enforce its World Trade Organization (WTO) commitments and a top expert in fighting trade friction cases targeting China.
When China joined the WTO in 2001, it was a move that transformed both China and the world, says Pascal Lamy, director-general of the WTO. Lamy said he feels that "China is a success story that is still unfolding".
The results achieved by China in the 10 years after it joined the World Trade Organization (WTO) in 2001 have been beyond its expectations.
Business ties between China and Brazil have prospered considerably after China joined the World Trade Organization (WTO) in 2001.
The WTO multilateral trade system has been beneficial to China's economic development, with its foreign trade averaging annual growth of 22 percent since the nation joined the world trade body, Sun Zhenyu, chairman of China Society for World Trade Organization Study, said at a recent conference.
China's accession to the World Trade Organization (WTO) was an important milestone in its reform and opening up, China's Minister of Commerce Chen Deming said in a recent article to commemorate the 10th anniversary of the event.
China needs to boost its competitiveness, especially in service trade, to make use of its WTO membership, said WTO experts.
As one of the fastest-growing cities in Zhejiang province, Yiwu is home to huge numbers of wealthy business operators and expensive cars.
Though he is over 70, Li Zhongzhou still gets up early and rushes to his office in the Sunflower Tower, brushing shoulders with youngsters in the skyscraper.
China is responding to proposals to reform the tabulation of trade statistics, a move that will more accurately reflect the international trade scenario, officials and experts said.
Vice-Premier Li Keqiang said negotiations on a free trade agreement between China and the Republic of Korea (ROK) should move at a faster pace, and said he hoped the two countries could expand their investment cooperation.
The Ministry of Commerce (MOC) on Wednesday warned of a "quite grim situation" for the country's foreign trade as new global uncertainties weigh on the world's second largest economy.
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